# 会社法 / Companies Act — 第六百三十五条 (Article 635)

- Law: 会社法 (Companies Act), 平成十七年法律第八十六号
- English title "Companies Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第六百三十五条 (Article 635)（債権者の異議） — address `art-635`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-635
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-635
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第六百三十五条（債権者の異議） — (Objection of Creditors)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-635 · https://japanlaw.org/en/companies-act/art-635 · https://japanlaw.org/l/417AC0000000086/art-635</sup>

      **第一項**  合同会社が持分の払戻しにより社員に対して交付する金銭等の帳簿価額（以下この款において「持分払戻額」という。）が当該持分の払戻しをする日における剰余金額を超える場合には、当該合同会社の債権者は、当該合同会社に対し、持分の払戻しについて異議を述べることができる。
      <sup>art-635/par-1 · https://japanlaw.org/en/companies-act/art-635/par-1 · https://japanlaw.org/l/417AC0000000086/art-635/par-1</sup>
      If the book value of the monies, etc. delivered by a limited liability company to members through equity interest refund (hereinafter in this Subsection referred to as "partnership interest refund amount") exceeds the surplus as of the day when relevant equity interest refund takes place, creditors of relevant limited liability company may state their objections as to the equity interest refund to relevant limited liability company.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  前項に規定する場合には、合同会社は、次に掲げる事項を官報に公告し、かつ、知れている債権者には、各別にこれを催告しなければならない。ただし、第二号の期間は、一箇月（持分払戻額が当該合同会社の純資産額として法務省令で定める方法により算定される額を超える場合にあっては、二箇月）を下ることができない。
      <sup>art-635/par-2 · https://japanlaw.org/en/companies-act/art-635/par-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2</sup>
      In cases provided for in the preceding paragraph, the limited liability company must make the public notice of the matters set forth below in Official Gazette and must give notice of the same separately to each known creditor, if any; provided, however, that the period in item (ii) cannot be less than one month (or, if the partnership interest refund amount exceeds the amount calculated by the method prescribed by Ministry of Justice Order as the amount of the net assets of relevant limited liability company, two months):
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  当該剰余金額を超える持分の払戻しの内容
        <sup>art-635/par-2/item-1 · https://japanlaw.org/en/companies-act/art-635/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-635/par-2/item-1</sup>
        the details of the equity interest refund that exceeds relevant surplus; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  債権者が一定の期間内に異議を述べることができる旨
        <sup>art-635/par-2/item-2 · https://japanlaw.org/en/companies-act/art-635/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2/item-2</sup>
        a statement to the effect that creditors may state their objections within a certain period of time.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第三項**  前項の規定にかかわらず、合同会社が同項の規定による公告を、官報のほか、第九百三十九条第一項の規定による定款の定めに従い、同項第二号又は第三号に掲げる公告方法によりするときは、前項の規定による各別の催告は、することを要しない。ただし、持分払戻額が当該合同会社の純資産額として法務省令で定める方法により算定される額を超える場合は、この限りでない。
      <sup>art-635/par-3 · https://japanlaw.org/en/companies-act/art-635/par-3 · https://japanlaw.org/l/417AC0000000086/art-635/par-3</sup>
      Notwithstanding the provisions of the preceding paragraph, if, in addition to using Official Gazette, a limited liability company effects the public notice in that paragraph in a manner set forth in Article 939, paragraph (1), item (ii) or (iii) in accordance with the provisions of the articles of incorporation under the provisions of that paragraph, the limited liability company is no longer required to give separate notices under the provisions of the preceding paragraph; provided, however, that this does not apply if the partnership interest refund amount exceeds the amount calculated by the method prescribed by Ministry of Justice Order as the amount of the net assets of relevant limited liability company.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第四項**  債権者が第二項第二号の期間内に異議を述べなかったときは、当該債権者は、当該持分の払戻しについて承認をしたものとみなす。
      <sup>art-635/par-4 · https://japanlaw.org/en/companies-act/art-635/par-4 · https://japanlaw.org/l/417AC0000000086/art-635/par-4</sup>
      If the creditors do not raise any objection within the period under paragraph (2), item (ii), relevant creditors are deemed to have approved relevant equity interest refund.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第五項**  債権者が第二項第二号の期間内に異議を述べたときは、合同会社は、当該債権者に対し、弁済し、若しくは相当の担保を提供し、又は当該債権者に弁済を受けさせることを目的として信託会社等に相当の財産を信託しなければならない。ただし、持分払戻額が当該合同会社の純資産額として法務省令で定める方法により算定される額を超えない場合において、当該持分の払戻しをしても当該債権者を害するおそれがないときは、この限りでない。
      <sup>art-635/par-5 · https://japanlaw.org/en/companies-act/art-635/par-5 · https://japanlaw.org/l/417AC0000000086/art-635/par-5</sup>
      If the creditors raise objections within the period under paragraph (2), item (ii), the limited liability company must make the payment or provide appropriate security to relevant creditors, or entrust appropriate assets to a qualified trust company with the purpose of assuring the payment to relevant creditors; provided, however, that this does not apply if, if the partnership interest refund amount does not exceed the amount calculated by the method prescribed by Ministry of Justice Order as the net assets of relevant limited liability company, relevant equity interest refund is unlikely to be detrimental to relevant creditors.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-635/par-2: 前項 → 会社法 第六百三十五条第一項 (Article 635, paragraph (1)), art-635/par-1 — https://japanlaw.org/en/companies-act/art-635/par-1 · https://japanlaw.org/l/417AC0000000086/art-635/par-1
- art-635/par-2: 第二号 → 会社法 第六百三十五条第二項第二号 (Article 635, paragraph (2), item (ii)), art-635/par-2/item-2 — https://japanlaw.org/en/companies-act/art-635/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2/item-2
- art-635/par-3: 前項 → 会社法 第六百三十五条第二項 (Article 635, paragraph (2)), art-635/par-2 — https://japanlaw.org/en/companies-act/art-635/par-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2
- art-635/par-3: 第九百三十九条第一項 → 会社法 第九百三十九条第一項 (Article 939, paragraph (1)), art-939/par-1 — https://japanlaw.org/en/companies-act/art-939/par-1 · https://japanlaw.org/l/417AC0000000086/art-939/par-1
- art-635/par-3: 同項第二号 → 会社法 第九百三十九条第一項第二号 (Article 939, paragraph (1), item (ii)), art-939/par-1/item-2 — https://japanlaw.org/en/companies-act/art-939/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-939/par-1/item-2
- art-635/par-3: 第三号 → 会社法 第九百三十九条第一項第三号 (Article 939, paragraph (1), item (iii)), art-939/par-1/item-3 — https://japanlaw.org/en/companies-act/art-939/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-939/par-1/item-3
- art-635/par-4: 第二項第二号 → 会社法 第六百三十五条第二項第二号 (Article 635, paragraph (2), item (ii)), art-635/par-2/item-2 — https://japanlaw.org/en/companies-act/art-635/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2/item-2
- art-635/par-5: 第二項第二号 → 会社法 第六百三十五条第二項第二号 (Article 635, paragraph (2), item (ii)), art-635/par-2/item-2 — https://japanlaw.org/en/companies-act/art-635/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2/item-2

## Cited by

9 provisions cite this one. No official source publishes this direction.

- 会社法 第六百二十六条第三項（出資の払戻し又は持分の払戻しを行う場合の資本金の額の減少） — https://japanlaw.org/en/companies-act/art-626/par-3 · https://japanlaw.org/l/417AC0000000086/art-626/par-3
- 会社法 第六百三十五条第二項（債権者の異議） — https://japanlaw.org/en/companies-act/art-635/par-2 · https://japanlaw.org/l/417AC0000000086/art-635/par-2
- 会社法 第六百三十五条第三項（債権者の異議） — https://japanlaw.org/en/companies-act/art-635/par-3 · https://japanlaw.org/l/417AC0000000086/art-635/par-3
- 会社法 第六百三十五条第四項（債権者の異議） — https://japanlaw.org/en/companies-act/art-635/par-4 · https://japanlaw.org/l/417AC0000000086/art-635/par-4
- 会社法 第六百三十五条第五項（債権者の異議） — https://japanlaw.org/en/companies-act/art-635/par-5 · https://japanlaw.org/l/417AC0000000086/art-635/par-5
- 会社法 第六百三十六条第一項（業務を執行する社員の責任） — https://japanlaw.org/en/companies-act/art-636/par-1 · https://japanlaw.org/l/417AC0000000086/art-636/par-1
- 会社法 第七百四十条第一項（債権者の異議手続の特則） — https://japanlaw.org/en/companies-act/art-740/par-1 · https://japanlaw.org/l/417AC0000000086/art-740/par-1
- 会社法 第七百四十条第三項（債権者の異議手続の特則） — https://japanlaw.org/en/companies-act/art-740/par-3 · https://japanlaw.org/l/417AC0000000086/art-740/par-3
- 会社法 第九百七十六条第一項第二十六号（過料に処すべき行為） — https://japanlaw.org/en/companies-act/art-976/par-1/item-26 · https://japanlaw.org/l/417AC0000000086/art-976/par-1/item-26

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 会社法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/417AC0000000086/20260812_508AC0000000064), retrieved 2026-09-17
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 1 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4481/tb), retrieved 2026-09-17
- This site's parser, version 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17
